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nadya68 [22]
2 years ago
8

Simon has been in the landscaping business for over 40 years. When Jorge, his business partner, suggested adding snow removal as

an extra service, Simon responded with "My gut feeling is to say yes because of my experience in the past and what I have seen other companies do over the years, both successful and not." Simon is acting on ________ in his response to Jorge.
Business
2 answers:
Sedbober [7]2 years ago
8 0

The right answer to fill in the missing section is<em><u> intuition. </u></em>

<h2>Further explanation </h2>

Intuition is an idea or ideas that arise from an individual and is used as a consideration in deciding without being preceded by deliberate analysis.

Several studies have proven that intuition can help someone in making the right decision. For example, research involving nurses as respondents shows that nurses who have worked longer hours can make quick decisions but the results are good and right. In that research, the emergence of a quick decision is called intuition.

Where does intuition come from?

In the brain, there are two types of thinking systems, namely the conscious system and the unconscious system (unconscious). The part of the brain that regulates the human conscious system is the left brain and this system works more slowly, becomes the center of analysis, is rational, works based on facts and experiences that have happened, and everything that this system does is known to you. While the subconscious or unconscious system, is regulated by the right brain, its work is not known consciously and produces a fast response.

Then what about intrusions? Intuition is regulated by your subconscious system. Intuition also comes from information or experience that you have experienced before, but the information is in your subconscious. When intuition arises then the decision is a decision that arises from your subconscious. Thus, intuition arises without you having to think carefully and analyze all the events that have happened, suddenly just appearing.

Learn more

Intuition brainly.com/question/10406767, brainly.com/question/12488953

Details

Class: High School

Subject: Business

Keyword: How to answer questions with experience.

kherson [118]2 years ago
7 0

Answer:

Intuition.

Explanation:

Simon is acting on intuition in his response to Jorge. Here Simon says that "My gut feeling is to say yes because of my experience in the past and what I have seen other companies do over the years, both successful and not."

This depicts that he had an intuition thought about success of  adding snow removal as an extra service. This was purely based on his intuition and previous experience of over 40 years.

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Mountain Top Markets has total assets of $48,700, net working capital of $1,100, and retained earnings of $21,200. The firm has
spin [16.1K]

Answer: 2.63

Explanation:

The Market to Book ratio is also referred to as the price to book ratio. It is a financial evaluation of the market value of a company relative to its book value. It should be noted that the market value is current stock price of every outstanding shares that the company has while the book value is the amount that the company will have left after its assets have been liquidated and all liabilities have been repaid.

The market-to-book ratio will be the market price per share divided by the book value. It should be noted that the book value per share is the net worth of the business divided by the number of outstanding shares. The book value will be:

= [(12500 ×1) + $21200]/12500

= ($12500 + $21200)/$12500

= $33700/12500

=$2.70

The market-to-book ratio will now be:

= $7.10/$2.70

=2.63

6 0
2 years ago
Matthew is an accountant at Larson Enterprises. He frequently feels pressured to make unethical accounting decisions in order to
qwelly [4]

Answer:

The Managing director wants him to reduce the production cost through the manipulation of figures. This is an unethical practice in Accounting.

Explanation:

The declaration of higher profit is a function of cost minimization. Since Mathew feels pressured to make unethical accounting decision, it implies that his CEO wants him to manipulate cost figures fraudulently so as to declare a higher profit figure.

6 0
2 years ago
The actual manufacturing overhead incurred at Gutekunst Corporation during March was $53,000, while the manufacturing overhead a
nevsk [136]

Answer:

B. Manufacturing overhead was overapplied by $20,000; Cost of goods sold after closing the manufacturing overhead account is $431,000.

Explanation:

Manufacturing overhead refers to the factors or conditions that keeps a facotry running. These include electricity, deprecaition on factory, etc.

In the case of the queetion above, the manufacturing overhead has been over applied by $20,000 (i.e: $73,000 - $53,000). This over application of the manufacturing overhead has also affected the cost of goods sold after closing out the manufacturing overhead account

Since the overapplied amount is $20,000, we deduct the overapplied amount from the cost of sales ($471,000) to get the actual costs of goods sold after closing out the manufacturing overhead account.

We then have ($451,000 - $20,000) = $431,000.

Therefore, the cost of goods sold after closing the manufacturing overhead account is $431,000.

Cheers.

4 0
2 years ago
Marwick's Pianos, Inc., purchases pianos from a large manufacturer and sells them at the retail level. The pianos cost, on the a
Julli [10]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The pianos cost, on the average, $2,450 each from the manufacturer. Marwick's Pianos Inc, sells pianos to its customer at an average price of $3,125 each.

Selling:

Advertising $700 per month

Sales salaries and commissions $950 per month, plus 8% of sales

Delivery of pianos to customers $30 per piano sold

Utilities $350 per month

Depreciation of sales facilities $800 per month

Administrative:

Executive salaries $2,500 per month

Insurance $400 per month

Clerical $1,000 per month, plus $20 per piano sold

Depreciation of office equipment $300 per month

During August, Marwick's Pianos, Inc., sold and delivered 40 pianos.

1) Traditional format:

Revenue= 40* 3125= 125,000

Cost of goods sold= 2450*40= 98000 (-)

Gross profit= 27,000

Selling expense:

Advertising= 700

Fixed Sales salaries and commissions= 950

Variable Sales salaries and commissions= 0.08*125000= 10,000

Delivery of pianos to customers= 30*40= 1200

Utilities= 350

Depreciation of sales facilities= 800

Total= 14,000 (-)

Administrative:

Executive salaries= 2,500

Insurance= 400

Fixed Clerical= 1,000

Variable Clerical= 20*40= 800

Depreciation of office equipment= 300

Total= 5,000 (-)

Net operating profit= 8,000

2) Contribution format:

Revenue= 125,000

Cost of goods sold= 98000 (-)

Variable Sales salaries and commissions= 10,000 (-)

Delivery of pianos to customers= 1200 (-)

Variable Clerical=  800 (-)

Contribution Margin= 15,000

Fixed costs:

Advertising= 700

Fixed Sales salaries and commissions= 950

Utilities= 350

Depreciation of sales facilities= 800

Total= 2800 (-)

Executive salaries= 2,500

Insurance= 400

Fixed Clerical= 1,000

Depreciation of office equipment= 300

Total= 4,200 (-)

Total fixed costs= 7000 (-)

Net operating profit= 8000

5 0
2 years ago
Despite its name, Choco Central is located in a small shopping center far from customers. However, the company enjoys outstandin
bezimeni [28]

Answer:

b. word of mouth

Explanation:

Word of mouth -

It refers to method of spreading any information orally from one person to another , is referred to as word of mouth .

The method is very efficient and accurate for the company , as it increases the marketing of the goods and services without the use of any efforts from the company .

As people tries to inform people in the neighbourhood and relatives about any good product and influences the other person to buy the same .

Hence , from the given scenario of the question ,

The correct option is b. word of mouth .

4 0
2 years ago
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